Maari oil field facts for kids
Quick facts for kids Maari oilfield |
|
|---|---|
| Country | New Zealand |
| Location | South Taranaki |
| Offshore/onshore | offshore |
| Operator | OMV |
| Partners | OMV (69%), Horizon Oil (26%), Cue Taranaki (5%) |
| Field history | |
| Start of production | 2009 |
| Production | |
| Estimated oil in place | 49 million barrels (~6.7×106 t) |
The Maari oilfield is a large area under the sea where oil is found. It is located about 80 kilometers (50 miles) off the coast of South Taranaki, New Zealand. This oilfield is very important because it is the second largest source of crude oil in the country.
Contents
What is the Maari Oilfield?
The Maari oilfield is an "oil reservoir." This means it is a natural underground space where oil has collected. It holds a lot of crude oil, which is oil in its natural, unprocessed state.
Where is the Maari Oilfield Located?
This important oilfield is found deep under the ocean. It is off the coast of the Taranaki region in New Zealand. Being offshore means it is far from land, out in the open sea.
How Much Oil Does Maari Hold?
The Maari oilfield holds a large amount of oil. Experts estimate it contains about 49 million barrels of oil. A barrel is a unit used to measure oil. This makes it one of New Zealand's biggest oil sources.
When Did Oil Production Start?
Oil production at the Maari field began in February 2009. This is when companies started bringing the oil up from under the seabed. The oilfield is expected to produce oil for about 10 to 15 years.
Who Operates the Maari Oilfield?
Several companies work together to operate the Maari oilfield. The main company in charge is OMV New Zealand. They own 69% of the project. Other companies involved are Horizon Oil, which owns 26%, and Cue Taranaki, which owns 5%. These companies work together to extract the oil safely.
